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Author
Topic: US food prices increasing sharply (Read 25050 times)

Good to read this so I know I'm not imagining things. I feel like every time I go to the grocery store that I'm paying $20 more for the normal amount I buy per trip. When you're on a fixed income like I am you REALLY feel this.

After nearly two decades of low food inflation, prices for staples such as bread, milk, eggs, and flour are rising sharply, surging in the past year at double-digit rates, according to the Labor Department. Milk prices, for example, increased 26 percent over the year. Egg prices jumped 40 percent.

Escalating food costs could present a greater problem than soaring oil prices for the national economy because the average household spends three times as much for food as for gasoline. Food accounts for about 13 percent of household spending compared with about 4 percent for gas.

Rising food prices can be particularly corrosive to consumer confidence because people are so frequently exposed to the cost increases. "It's the biggest risk we face economically, and it might be the thing that does us in," said Rich Yamarone, director of economic research at Argus Research Corp. in New York. "There's nothing really worse than having a job, making money, and forking most of it over just so you can have the same amount of food. You're running in place, and it really weighs on you."

As with energy, higher food costs cut into discretionary income that buys everything from cars to computers to movie tickets and drives the consumer-based US economy. Falling home values and a faltering stock market have battered consumer confidence, spurring a retrenchment in spending that is contributing to recent job losses and pulling the economy toward recession.

It's just going to get worse. As the price of oil goes up so will the cost of food. Just about everything is moved on trucks and diesel is so much more expensive than gasoline. Watch for sales and use coupons to stock up on some things. Usually the Sunday paper has lots of coupons that make the cost of the paper worth the $1.50. Try to shop at places that give double and triple coupon values too. There is plenty you can do to save on food but it takes a little work.

Thank goodness I don't own a car... hence no gas purchases. It's all about urban living. Plus I get some good exercise lugging my increasingly expensive bags of groceries home back 5 blocks and up 4 flights of stairs. I own one of those carts like old ladies use, but I never use it except for laundry day.

Oh yeah, its live bait because I am happy the US has not had another terrorist attack. Yeah, thats so inflammatory. Maybe I really care about the security and safety of the citizens of my countries. Maybe I am not a traitor who wants to sell intelligence secrets to the terrorists. Maybe you don't understand.

No, it wouldn't. Or should I say - it hasn't. Since we've lost those thousands since in Iraq.

But, hey...I'm with ya. Let's give Georgie his due. Dinosaurs HAVE NOT reclaimed domination of the earth...so let's give W the credit for that. Mount St. Helens has NOT erupted during his tenure, so of course we have W to thank for that as well. An asteroid has NOT crashed into the earth killing millions, so again W. You're right. What was I thinking?

those are natural disasters, not man made events. I fail to see the connection.

i'm sure it's not the only connection you fail to make. the point is that you are giving credit for non-events, things that haven't happened. that's just plain stupid. you have no way of knowing how many such things absolutely would have happened absent W's watch. but i understand that it's about all that you can possibly cling to given that everything else is in such rampant disarray.

now if you'll excuse me, i'm off to eat one hell of an expensive cheeseburger (to return to topic here). i intend to enjoy it without being annoyed by trivial minds.

He PREVENTED IT. No there is no way to tell the future, but he is tough on terror. Liberals want us to hug the terrorists and take away our guns. Terrorists do not communicate effectively which is why they have to result to terror to get their points across. I bet if there was another attack you would be blaming it on Bush. Stop getting your information from Marxist news sources and read something a little less biased.

How about the fact that there has not been another 9/11 like attack on the United States? How does that sound for success?

Or maybe another 3000+ people dead would make you happy?

Excuse me, but 9/11 happened while George Bush was President. That an attack took place on his watch and was not prevented like the Y2K LA airport bombing hardly constitutes a signal measure of success. ***

Haven't you noticed that the most anti-Bush part of the country is where 9/11 happened?

I'm going to start eating more chicken. I eat too much red meat as it is, splurging weekly on expensive large rib eye steaks. I just can't help it. My monthly grocery bills are fairly horrendous. I easily spend $50/month just on coffee when I indulge my current fetish for organic fair trade whole beans.

I'm going to start eating more chicken. I eat too much red meat as it is, splurging weekly on expensive large rib eye steaks. I just can't help it. My monthly grocery bills are fairly horrendous. I easily spend $50/month just on coffee when I indulge my current fetish for organic fair trade whole beans.

god, coffee is so expensive and I'm so addicted that I've resorted to "borrowing" my beans from work. Luckily they purchase high quality for our customers. I can't drink anything but freshly ground.

it should be noted that i wore an angry expression on my face (i was supposed to be "mad cow"). as the evening wore on and i got increasingly buzzed, that part of the get up fell by the wayside. then i was just plain "cow".

it should be noted that i wore an angry expression on my face (i was supposed to be "mad cow"). as the evening wore on and i got increasingly buzzed, that part of the get up fell by the wayside. then i was just plain "cow".

by the end of the evening and your pants were down around your ankles, it was

I could easily go through 2 gallons of milk a day and it is nothing for us to use a loaf of bread a day(which is over $10 bucks). I always buy ground turkey instead of ground beef. I hate when the coupons are .50 off when you buy 3, what a deal.

Oh girl... White Castle is dear to my heart. I used to live 3 blocks from one in Brooklyn, and sometimes I'd still go for the #2 combo even during a Diarrhea Day. I swear those fluffy burgers go through your body in about 10 minutes.

Plus I adore a fast food place that has bullet proof windows and a little hole where you order your food at the counter.